Hey Stoney!!!!!
Do you do any DD on these companies at all, or do you just think it's a good stock because... I dunno.... you like tennis(?).
For real.
You don't think this is a red flag?!!!!:
Exhibit10.1
This loan agreement (this “Agreement”) is made on July 23, 2021 by and between Ontario Limited, an Ontario corporation(“Lender”), and Slinger Bag Inc., a Nevada corporation (together with its affiliates, “Borrower”).
WHEREAS,
Borrower requires a further infusion of U.S. $500,000 in cash (the “Loan”) in order to finance its operations and Lender wishes to provide the Loan, subject to the terms and on the conditions of this Agreement;
Lender hereby agrees to lend FIVE HUNDRED THOUSAND USD ($500,000) in immediately available funds to the Borroweron July 23, 2021
by wiring the same in accordance with instructions to be provided by the Borrower separately.
+++++++++++++++++++++++++++++++++++++
I mean call me skeptical here... but what kind of friggin company needs to borrow $500K in cash to keep the lights on?
At 12% interest due in 30 days no less!
I mean why didn't the CEO just go down to a local pawn shop and hock his watch or something?
Was Acme Title Loan closed at the time?
Wtf!?
Oh, and btw... Did you by any chance read about that placement they made?
It's a 102 pages long!
https://www.m2compliance.com/hostin...021/Form8-K(08-10-2021)slingerbag/Form8-K.htm
Its the shell game from hell.
102 pages(!)...
Good lord... we could merge Proctor&Gamble with Amazon, GM, and Goldman Sachs and it wouldn't be 102 pages.
++++++++++++++++++++++++++
Whatever Stoney.
I'm sure one day next week or next month someone will buy at the ask on a $0.20 spread and it'll be up... some ungodly percent and you'll once again be... the ET savant.
$500K loan.

Whaaaaaaaatever.
